AMFM Names Cluster Vice Presidents to Support Growth in Nation's Top 25 Markets.

LOS ANGELES, DALLAS, PHILADELPHIA, DETROIT, and CHICAGO--(BUSINESS WIRE)--Oct. 6, 1999--

- Bob Visotcky Named Cluster VP for Los Angeles -

- Brian Ongaro Named Cluster VP for Dallas -

- Chester Schofield Named Cluster VP for Philadelphia -

- Stephen Schram Named Cluster VP for Detroit -

- Ken Christensen Named VP/GM of L.A.'s KOST-FM and KFI-AM -

AMFM Inc. (NYSE: AFM) named Bob Visotcky, Brian Ongaro, Chester Schofield and Stephen Schram to the newly created positions of Cluster Vice President for its Los Angeles, Dallas, Philadelphia and Detroit station groups, respectively. Today's announcement is the first in a series of appointments formalizing AMFM's cluster strategy in each of its top 25 markets. In related news, Ken Christensen was named Vice President and General Manager of KOST-FM and KFI-AM in Los Angeles. The appointments are effective immediately.

Reporting directly to each market's Regional Vice President of Operations, the Cluster Vice Presidents will have ultimate responsibility for each AMFM station in their station group, with a primary emphasis on maximizing the cluster opportunity through top-line growth, ratings performance, expense control and the recruitment of on-air talent and operations personnel.

James E. de Castro, Vice Chairman of AMFM Inc. and President and Chief Executive Officer of AMFM Radio, stated, "Although the ability to cluster radio properties is relatively new, the former Chancellor and Capstar organizations are veterans at exploiting the combined strengths of multiple stations in a marketplace, having already developed some of the industry's most innovative management strategies. Intensifying our cluster focus enhances our ability to continue delivering great programming, a great advertising medium, and leading revenue and broadcast cash flow growth."

Kenny O'Keefe, AMFM's Chief Operating Officer, added, "Each of these executives possess a rare ability to motivate people and inspire their best performance - skills that will serve them well in their new positions. They are natural leaders, and all possess a strategic vision for expanding AMFM's leadership position in their respective markets."

Mr. Visotcky, is a Los Angeles radio veteran, having engineered the successful roll-out of KCMG-FM 'Mega 100' in Los Angeles and its 'Jammin' Oldies' format, which debuted in November 1998 and achieved a No. 2 ranking in its target demographic (adults aged 25-54) in less than a year. He was most recently Market Manager for AMFM's Denver cluster. Prior to his efforts at `Mega 100', he was the General Manager of AMFM's highly successful KYLD-FM in San Francisco, where he executed a dramatic turnaround that took the station from 18th place (12+) to No. 1 (12-49) in a few short years. His other radio broadcasting experience includes various General Management positions with KRFX-FM in Denver, KSFO-AM and KYA-FM in San Francisco, KMRX in San Diego and WMJI-FM in Cleveland, and sales and sales management positions with WPLJ-FM in New York, WLS-AM/FM in Chicago, KTKS-FM in Dallas and WUSL-FM in Philadelphia.

Commenting on Mr. Visotcky's appointment, John Madison, Senior Vice President of Regional Operations said, "With a leading audience share and great heritage stations in Los Angles, our station group has tremendous potential for cluster synergies. Bob brings to his new position a history of optimizing station performance across a variety of formats and regions, and designating an executive of his caliber will help deliver those results for our Los Angeles cluster.

"Additionally, I am delighted to announce that Ken Christensen will add KOST-FM and KFI-AM in Los Angeles, which AMFM operates under a LMA, to his current responsibilities as Vice President and General Manager of L.A.'s KYSR-FM."

Mr. Ongaro, a 19-year broadcasting veteran, began his career with Sundance Broadcasting, which was later sold to Chancellor Broadcasting in 1997, the predessor to AMFM. Most recently, he served as the Vice President and General Manager for AMFM's KDGE-FM and KZPS-FM in Dallas, which he led to achieve a number one rankings in its target demographic (adults 25-54). Mr. Ongaro's other sales and management experience includes positions with KIDO-AM and KIDQ-FM in Boise and WMIL-FM and WOKY-AM in Milwaukee, a 1993 Marconi Award recipient. Mr. Ongaro earned his bachelor's degree from Ohio State University and currently serves as President of the Association of Radio Managers of Dallas-Ft. Worth.

Commenting on Mr. Ongaro's appointment, George Toulas, Senior Vice President of Regional Operations said, "Brian has done a fantastic job for AMFM-Dallas since joining the Company two years ago. Through his leadership, Brian has rejuvenated KZPS and KDGE, in turn helping AMFM's Dallas cluster become the market's top-revenue producing station group. He has earned a chance to prove his mettle across the entire station group."

Mr. Schofield, a 23-year broadcasting veteran, most recently served as Regional Vice President of Sales for AMFM and was responsible for the sales effort of 30 radio stations in six markets. From 1993 to 1998, Mr. Schofield served as General Manager of WUSL-FM (Power 99) in Philadelphia where he led the station to achieve a top ranking in its target demographic (adults 18-34) for five years running. His other radio broadcasting experience includes General Management experience at WEZB-FM in New Orleans and WJBO-AM and WFMF-FM in Baton Rouge.

Charles M. Warfield Jr., Senior Vice President of Regional Operations added, "Chester understands what it takes to expand the Philadelphia cluster's top rated revenues, ratings and cash flow performance. With great heritage stations in WDAS-FM and WUSL-FM and four of the seven top-rated stations in the market, AMFM's competitive position in Philadelphia couldn't be stronger. The Cluster VP position coupled with the exceptional management talent in Philadelphia will position the cluster for exceptional performance in 2000."

Mr. Schram, a 24-year broadcasting veteran, was most recently Vice President and General Manager for WNIC-FM and WKQI-FM in Detroit. In three short years Mr. Schram led WNIC to its first-ever number one ranking for listeners 12+ and adults 25-54, an achievement which established WNIC as Detroit's highest revenue-earning station in 1998, a position it maintains today. Before joining WNIC in 1996, Mr. Schram served as Director of Marketing at WJBK-TV, where he helped direct the station's switch to the FOX network from CBS. His previous broadcast experience includes radio general management positions in Fort Wayne and Milwaukee and on-air positions in Detroit.

John Fullam, Senior Vice President of Regional Operations concluded, "With great consensus-building and teamwork skills, we felt Stephen was the best candidate to advance our cluster strategy for Detroit. He has enormous credibility with AMFM employees and advertisers in this community, and will be a huge asset to the cluster going forward."

Upon completion of announced transactions, AMFM will own five FM and two AM stations in Los Angeles including: KKBT-FM `The Beat', KCMG-FM `Mega 100', KYSR-FM `Star 98.7', KBIG-FM, KOST-FM, KLAC-AM and KFI-AM. In Dallas, AMFM owns or operates KHKS-FM, KZPS-FM, KDGE-FM, KSKY-AM, KTXQ-FM and KFBF-FM. In Philadelphia, AMFM owns WDAS-FM, WUSL-FM, WJJZ-FM, WIOQ-FM, WYXR-FM, and WDAS-AM. In Detroit, AMFM owns WNIC-FM, WJLB-FM, WMXD-FM, WWWW-FM, WKQI-FM, WDFN-AM and WYUR-AM.

AMFM Inc., the nation's largest radio broadcasting entity, consists of the AMFM Radio Group, including the AMFM Radio Networks and the Chancellor Marketing Group, and the AMFM New Media Group, including Katz Media and AMFM's Internet operations. Reflecting announced transactions, AMFM Radio Group with over 440 stations in 100 markets reaches a weekly listener base of 64 million people. The AMFM Radio Networks offers syndicated programming nationwide. Chancellor Marketing Group is a full-service sales promotion firm developing integrated marketing programs for Fortune 1000 companies. AMFM's Katz Media is the only full-service media representation firm in the United States serving multiple types of electronic media. AMFM's Internet operations focus on developing AMFM's E-commerce web sites, streaming online broadcasts of AMFM's on-air programming and other media, and promoting emerging Internet and new media concerns.